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- Gl BOBE arxi MAR'~(7N BfR~, At[sband and Wife
<br />. Thy-Mort~geiaentlx~dintrlbetween
<br />_~ - - - - - - - - therein "Mcs'tg:got") and.
<br />`. NA~"I BANK tab' t~TFt1~EY-13f;AAIl~, Grand Island, Nebraska (fiern:a"Moetgagse>,).
<br />IifiboC is indebted Lo Mortg~ee in the printti~al sum of $ 134 , 500.00 , eridenced by Mortgagee's note
<br />~~:~~~. 24r 1983- f}u,~n "Note'-'}providing for payments of pevtctpaE and interest, wtth. the balance of the--
<br />indebtedness; if not sooner paid, doe andpayable on- S~ 1, 19134 .
<br />To set~ure the payment of tFte Tote; with irtterestas provided therein, the payment of aiI other sums; with interest,
<br />~tvancad tip 14fortgapee to protect the szcurity of this Mortgage', and the performance of the covenants and.agreetnet~ts of
<br />- the lY{ottgagor contained fierein, Mortgsgar does hereby mortgage and- convey to Mortgagee the following described
<br />praperty,loated in H3~1. Gour:ty, Nebraslm:
<br />~tii~Rta t~Itao- (22) in. Black. Etxar (4) in F3~plat of Rivpxsit~ 1~cnes, an
<br />y~`am1~i~~e City of Grand Island, Hall (btmty, Nebraska
<br />-' _' _ Together with atl buildings, improvements, fixtures, treets, alleys, passageways, easements, rights, privileges sad
<br />- appttrtenartees located thereon or in anywise pertaining thereto, and the rents issues and profits, reversions end remainders
<br />thereof; ineludingi hat rrot limited to, heviing amd canting equipment and such persona! property Ehat is attached to the
<br />improremenis so ss to comtltute s future; alt of which, including replacements and additions thereW, is hereby deelarnd
<br />to be a pars a[ the rea! Mate sceured by the tiem of this Mortgage and al! of the foregoing being referred. to herein as the
<br />..~„
<br />llfortgagor farther convemants and agree., with htartgagec, as Fellows:
<br />- L P-aymettt, 'Ib piy.Elte ittdehtcdtand the kartrre~t thereon a+ pravitled in thiw tytattgapr amd the Note.
<br />$. Ttt~, Martgseiir'is the owner of the t3raper~ , La. the nght and authority to mortgage the Property, amd
<br />warrant8 thst the Lien eteated hereby is a fits[ and poor Ilan ,x, the l'raprrty, ext~apt as may aherwise rte set forth hernia.
<br />- ^-The- ~ i€ suEyect w~ htartgaga wha~de _ __. - ----°-----__._~_~
<br />- __ -- - ~t~.i.,~~-SiOl~i~t~k___ - i..~. ?~*' ---- ~,f th,, Mortgage ite~~rds of _ _ - -_t'.rnuttY~
<br />t~ whtch-~ >E a lten prier to thx i)vEi 1•r«ated tterebl.
<br />lA tygeer pliot Ifanc or eacttmbranoes: 1~Ippt$ - ---.----.---_.-----_____.___»._
<br />9. 7ygt~ Aarea~aeta, Te pay when due alt taxes, special assessments and vii other eharyas at{ainst the Property
<br />rod, upon wditatt detnaoti~by, ~. to add to the paymettw required under the Note a-eeured beraby, suds armwnt as
<br />may btt wfficient to enable the Mortgagee to pay sorb taxes, assessments c,r other charges as they Leconte doe.
<br />4. Initiduatte. To keep the limprovatnrnts now or h«reafter [nested on the real esters described hanrin insutrtd
<br />ig#ittlt4 ~ by flit ax-d at~t gther haaards rb Mortgttgec may require, in amaunls and with comptutiesacceptaWe to the
<br />~, crud aritlt kgss. piyahle to the ice- pn case of lose- corder such policies Ute Mortgagee is ^uWarized to
<br />EoittecL .and. Asa, to its disCrntion, art clams hereunder at its sore option, autharixed to eiher apply the
<br />~ ~. the ntatozsttvn t?f the !'rflpsrty ~ ypai the tndrbtcdness secured hereby, but payments heraundec vita[[ con-
<br />ttttt>!e. ttetiiltha aaws;a+?atratihereby eaa paidin trait.
<br />-'_ '&. ~t-~ )t'ar.'1'ttttts~ttbd 1>ar. f+btwlthstandii~an}ttsttsq raatalcted in-~ph_s 3 art~i A ktv?t~of tgtle
<br />~: b~~€ti@tgor, tthsil pay to the INor6;agec, at tAa time of pa}~ing rite manhiir instruments of principal and iniarsytt,
<br />roc-tweli~t trt this yam tt~t; a~e~akentsr hazard iasurance premiuuts, and, ground rents (tt any! vrhldr_rnay att~ a
<br />ppont3' Qvet, tbtc;~, al! ~-reasctnabiY estimated-from time to time by rite Mortgagee. The aettounta so paid tie
<br />Viekd by the i{tort~,tr irttlsuuti igtlreat Wed apptird to ihe. payment at the items in nypect to which such amounts ware
<br />` - d. 7Le eumr paid to -
<br />` drsptwte ~ fier$uniter ate pledged as additionat st!eunty fvr the indebtedness srctired by this
<br />', Afartga~nt ahaH,pay to ~ tde amount a[ any dafkienry between the actual taxes. asseasmvats, ina+arrtnce
<br />ptairtitteFas and gratrt>id,ixtthi ilttd thin dapostts henwnder wttfiin it7-days after demand is aaride upwi Martgagar ngtwattng
<br />paKn>ens thereof.
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<br />ti, Rapers. itai~ttanasruet aa{i rise, Te prtunpity rnpatr, nstare ar rebuild, an}~ Lutidittgs or impmvantents now ar
<br />Iteteaftar oa the Property ; W tteepl tbkA ~g~ iQ ~n acrd reptttr,wittteut xagte, and.#s~P frront mechanic's ~
<br />elfin Fit;n• set expre~y ubetetl3^al~ to tie term leert~f; not trs tr~affi?, atsff>er ar pc.~rsit aay° mtt;a~t~ to ex~4 nor to dinrtn=
<br />oft ,+r ,rttpar tine vtstFt of the t3ti.pes~ by eny a€t ~!'-om~ra to ar? tn*_d t~ cotgpty wttl art r€sttttrotr~rtta of taw with
<br />:ea~:.t~ oF~ Prc:pi:t~,
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